Maggie Chan Man-yee is edging closer to realising her Olympic dream after rewriting the Hong Kong 5,000 metres record at the Stanford Invitational in California. The 24-year-old Hong Kong distance running queen, who is hoping to make her Olympic debut in Sydney, came third in the Stanford event in 16 minutes and 2.97 seconds - slicing about 10 seconds off her previous Hong Kong mark. Chan is on the verge of making the grade as her time is less than eight seconds short of the Olympic standard (15:55.00). 'It's not the standard yet but I am getting closer,' said Chan, who turned professional after graduating from Brigham Young University last September. Although Chan clocked a personal best, the in-form runner was still not satisfied with the result as she believed she could run much faster. 'Both my coach and I were a little disappointed with my time because we expected to run at least 10 seconds faster than that.' 'I will have another chance to improve myself in two months. I hope I will be able to run that time then.' Chan's goal of reaching the Olympic qualifying time has been enhanced by her decision not to take part in her first marathon, leaving her free to focus on the shorter distances. In a desperate bid to make Hong Kong's Olympic squad, Chan had considered attempting her first marathon but found her 'legs didn't like the training'. Chan will also attempt to qualify for Sydney in the 10,000m in three weeks but she said her best chances remained in the 5,000m.